If you’re targting properties in historic areas like Lincoln Park, be sure to budget for unexpected maintenance expenses, as older buildings often require more upkeep.Incorporating 1031 Exchange StrategiesIf you’re looking to scale your investment or defer capital gains from a previous property sale, consider utilizing a 1031 exchange.

I find attorney's win more often than landlords.

The other thing I often see is that over time, different homeowners/contractors have decided to DYI adjustments to their home aka took out walls, didn't shore things up properly, put in new doors, etc.My point is that what you are seeing is not abnormal for older homes. 

Seasonality driven by factors like weather, school schedules, and buyer habits affects housing demand and pricing, often making certain times of the year more favorable for buying or selling.

Often, those advantages are boots on the ground and market knowledge, which are the two things you have/are working on.I think, in general, you will find all those central Illinois areas provide decent cash flow with low appreciation - generally speaking. 

Owners often don't realize the 40+ charges that can be hidden in the contract. 1.

Often times moving too fast with a limited margin for error can be a breeding ground for bad days ahead.

A few good deals are often all it takes for them to see you as a reliable source.When you’re consistently getting solid deals, you won’t even need to search for cash buyers—they’ll come looking for you!

SophiaSophia, as you can tell from some of the replies, financial advisors often get a bad rap—and for a good reason, in many cases.

The issue I often encounter with this line of thinking is that investors frequently fail to consult their lender about what is permissible.